, MELBOURNE, FL, 32951
Sold2135 days on marketListed Sep 14, 2020Sold Nov 19, 2020MLS #R10654931
About this home
Exceptionally private oceanfront residence on 0.7 acres of land with 75 feet of ocean frontage including 5 bedrooms, 4.5 baths, 1000 sq.feet of 4 car garage and 850 sq.feet of unfinished basement. Metal roof as of 2005, 2 septic systems. Artesian well, air rating tank, water softener system, propane fire place. Ground floor apartment includes kitchen, full bath totaling 850 sq. feet. Long driveway, full of palms and tremendous privacy.
Facts & features
The home at a glance
5
Bedrooms
4.5
Bathrooms
4,158
Sqft
0.7 ac
Lot size
4
Garage
1981
Year built
3
Levels
$325
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs None
$325 vs $335
Days on market
2135 vs 21 typical
Where $325/sqft sits among the 281 homes for sale in None
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Melbourne
Get to know Melbourne. See the full Melbourne guide →
The numbers that matter
The Melbourne market
$404K → $320K
Melbourne median sold, yr/yr
97.9%
Sale-to-list ratio (12 mo)
103 of 281
None have cut their price
Median sold price, Melbourne, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 234% above the Melbourne median. See the full Melbourne market guide →
Paper trail
This home's history
Reality check
What actually sold near
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$3,200,000
15650 W HIGHWAY 318 · same community
5 bd · 5.5 ba · 4,600 sqft · $696/sqft · 158 DOM
Sold · Oct ’25$665,000
11955 EDDY DRIVE · same community
3 bd · 2 ba · 3,568 sqft · $186/sqft · 0 DOM
Sold · Dec ’25$430,000
20 N HALIFAX AVENUE · same community
6 bd · 1.5 ba · 2,672 sqft · $161/sqft · 149 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Julian Rivera
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for — before you fall in love.
Selling nearby?
What's your home worth today?
This sale is one data point — your home is another. Get a data-driven estimate built from real closed sales like this one, in about a minute.
The brief
Three things that matter here
01Positioned at the premium end
$1,350,000 runs 234% above the Melbourne median — but at 4,158 sqft it's also nearly 2 times the size of the typical Melbourne listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
2135 days on market against a Melbourne median of 21 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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